Freddie Mac Seller/Servicer Guide 4302.4: Borrower eligibility
Borrower eligibility requirements for Refi Possible® Mortgages Topic Borrower eligibility requirements ■ The Borrower’s qualifying income converted to an annual basis must not Borrower income exceed 100% of the Area Median Income for the location of the Mortgaged Premises ■ To determine if the Borrower’s income exceeds the income limits, …
Freddie Mac publishes the full text of this section: Freddie Mac Seller/Servicer Guide 4302.4 on the Freddie Mac website. Zeitro Strata answers questions about it with the passage and page cited.
Guideline text quoted as published by the agency. The latest published version governs. This is not an underwriting decision.